Millheim Journal. [volume] (Millheim, Pa.) 1876-1984, 1887-09-29
OPINION OF THE FOREMAN.

McGoyern. Said he:
~ have worked on the Comstocks, l
have been 10 the SILVER King and other
great mines. l have followed this bus
iness all my life. This is the richest
property for its depth and development
that have eyer seen, and you can hold
me responsible for this statement
Tnrtilitas will prove ihe hest mines ry-
~ discovered on the Pacific SLOPE. This
one mine which | am now working la
is woi Ia muIe than million dollars it.
SELF"
We then proceeded TO the surface,
and We're taken To the abode OF Mccoy
ern and shown the Jesse Benton MINE
the sister property 10 the BY Chance,
800 feet further north. This mine is
considered in this section of the coun-
try even better property than the BY
Chance, great as 1t is, OF account OF
the large amount of ore that has been
extracted and the development that has
been done upon it. The ore is extreme
" rich, and there is IL great deal of na-
tive silver. The pay slIeak is two and
half feet " ide. This mine has Il rep
utation second 10 none in this section
of the country, and its product has
been extraordinary.
After taking dinner at Mr.. Emore's.
we drove a mile and half southerly
and examined the Red Peach. the Lazy
Sleeper and the Desert mines. The two
former are good mines. The Desert
has peculiar formation, from which
$50, 900 has been taken out, with two
shafts of 100 to 100 feet ,and the smooth
est kind of walls. There is an unlimit-
I'd quantity Of profitable ore in sight
and many believe this mine itself is
worth the capital of the company. The
Red Peach has probably a hundred tons
OF ore on its dump, with four shafts
varying from sixty to hundred feet
deep.
The Lazy Sleeper, too, has great
deal OF development upon IL.
The Golden Eagle is gold mine of
fine promise, from which saw certif-
Gates of large yields.
WONDERFUL FIGURES.
Asked what improvements were con.
templated, Mr.. Elmore said: 1--WE can
easily supply three twenty-stamp mills
for an indefinite period on these prop.
critics. They would work $50 tons of
ore per day. at an average OF $50 per
ton. At a low estimate this would be
IS. 900 per day.
With the proper machinery tins can
be worked at an expense of $40 per ton.
which would I've % ,sec per day, leaving
net per day $500, or for thirty days
S216, 900. or for year 50, ,592 900, which
will be oyer two and half times oul
capital stock each year but at first we
shall start with twenty-stamp mill
which should give us $500 900 per year
net, or so per cent. per annum on our
capital stock. am now bending every
effort toward attaining these results
We are negotiating now for hosting
works and forty-st.,mp mill. and
hope soon TO obtain them. Mean white
we shall continue to run our little five
stamp mill, and develop and improve
the property all in our power. | know
OF no investment in America that viii
4 oil.
n.y."
WORTH MANY MILLIONS.
| After a weeks time spent at The
mines in daily examination Of the work
i'm seeing assays made. watching th'
battery samples and seeing the ore re
torting and running into bullion ant
stamped, and reading certificates o
$3.50 900 for bullion shipped TO tn,
Bank of California In the last two
years and seeing one bar of 2. 400 ouhce
sent forward while I was there, lef
| impressed with the fact that the Tortil
ita deserved the confidence OF the pub
lie. and that the management in New
York had far underestimated its valu,
| in their statements. found the prop
erty worth anywhere from 500 900 ,0O'
to $50, 600, 900, and possibly $4,000 900
as the ComstOcks have proven to be
and have made thousands Of men rich
found the TOrtilita not only grea'
property, but one that is managed il
the best way. IL has a jewel i'm Mr.
Elmore, the superintendent, who is a.
honest as he is able. the essential thing
that interests the stockholders after tht
value OF the property.
| feel assured that in the near future
the Tortilita mining camp will become
the largest on the Pacific coast with the
necessary machinery for working the
mines.
Driving back to Tucson I remained
| there n short time, and found the Tor
| tilita exciting more attention than any
other mining property i'm the Territory
| and there are some rich ones there. Fol
example, the Silver King. not far dis
tant, has paid So 900 900 $3.50 per share
in dividends from one mine alone, while
the TOrtilita company has twelve. The
Raymat and VikOl, In another direc.
tion. have turned out millions, and
made their owners rich, as have the re-
nOwned TOmbstoEes and QuijotOa
The TOrtilitas are on the tongue OF ev.
erybody, and Mr.. ElmOre is looked fOr
with bullion every month as regularly
rs the month comes round.
THE MANAGEMENT.
Before any further reference is made
to the mining properties briefly de.
scribed above. it will be proper to say
something ahout the personnel OF the
company into whose possession these
mines ana their accessories have come;
for the readers of the Post are always
inquisitive concerning new acqUaint-
ances. The Tortilita Gold and Silver
Mining Company has for its president
Mr.. Joseph Il. Reall, president also OF
the American Agricultural and Dairy
Association, and well-knOwn among
the farmers of America, an experienced
business man. well-versed in financial
matters. whose name is prominently
mentioned for Vice. President OF the
United States, with Cleveland, as the
representative of the agricultural inter-
ests: and Rodman M. Price, Jr., the
secretary, is well-known mining and
Il II